Re: Garden Club Meeting - October 2012

DW lost her job 03 August, so the last few months have been a real challenge for us...our util is going in the WRONG direction...

The good news is that she starts a new job 01 November, so there IS light at the end of the tunnel, but it seems awfully far away.

No Apps since 08 August...I'm about two weeks shy of my silver spade...

Well, in terms of good news / bad news, at least you started with bad news but ended with good news... much better than the other way around! Congrats to your wife for finding a new job and best wishes to her.

Re: Garden Club Meeting - October 2012

I got another SW today, and my EQ score has gone up 5 points! I'm now at 722, which is only 1 point shy of where I was before my recent app spree.

This latest boost was from my BoA Visa Signature card "settling" into my garden. Since it's a BoA siggy card, the $5000 CL doesn't report, only the high balance. I had charged and paid off a little over $300 before the very first statement cut, but there was an additional last minute ~$200 charge came through and there was no time to get it paid before the statement cut. So, the card must have been weighted in as being close to maxed out -- yuck! Well, this past month I got my high balance up to $1216 and once again closed out the statement with another charge of around $200. Now the card doesn't look maxed out, so I got a score boost! Next month I'll try to see if I can close out the statement with a $0 balance, and at some point I should be able to up my high balance. But for now, I'm much happier with the way that my siggy card is reporting.

All in all, my little seedlings are settling into my garden very nicely! Now that I've had a couple of statement cycles pass, I have more control over issues relating to the timing of util reporting. Glad see my scores on the rise!

Re: Garden Club Meeting - October 2012

Revelate wrote:

Still gardening, Beacon 5.0 score has flatlined at 643 for the past few months, ah well. Looking back at my plan with more experience, I think I should've applied for a CLI-chaser card (GE-backed something or other) to have something more short-term than the theoretical mortgage to look forward to from a credit building perspective.

I suppose it could be worse as at least I am barely over the minimum mortgage underwriting hurdle with that score .

Trying to build some measuring sticks in the rest of my life other than my finances, hopefully that'll keep me on track towards my goals.

Stick with it Revelate! It sure does seem like you've come a long way in less than 12 months. So imagine what will happen as time continues to take effect. Inquiries falling off, baddies falling off, AAoA increasing, etc. will all bring you to the level you need for that desired mortgage. Congrats on all the progress, and keep your head held high.

Re: Garden Club Meeting - October 2012

I'm twitching .... must app lol only been 2 weeks jk I only want one more card and I know I have to wait 6 months for that atleast. I gained 30k + in credit limits this month so I can sit tight for now =) (starting from $3,500 limits hehe)

Re: Garden Club Meeting - October 2012

Poked my head out of the garden last month unsuccessfully with Chase and today I am happy to say that I will be planting my roots firmly in the garden until at least June after today's success with Discover and Car Care One.

I am now committed to at least 6 months app free.It feels good to finally be content with my rebuild

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation.
Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies.
Many factors affect your FICO Scores and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating.
FTC's website on credit.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.